Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities
C.PRN
6 hedge funds and large institutions have $8.4M invested in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more funds holding
Funds holding: 4 → 6 (+2)
32% more capital inflows, than outflows
Capital inflows: $936K | Capital outflows: $707K
0.01% more ownership
Funds ownership: 0.31% → 0.32% (+0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Beddow Capital Management
Jackson,
Wyoming
|
+$876K |
| 2 |
United Community Bank
Greenville,
South Carolina
|
+$44.1K |
| 3 |
Studio Investment Management
Chicago,
Illinois
|
+$1.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Whalerock Point Partners
Providence,
Rhode Island
|
-$707K |
C.PRN Hedge Fund Activity: Q2 2024 in Review
6 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) for Q2 2024, worth a combined $8.4M — up 2.1% from $8.23M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new C.PRN positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Beddow Capital Management, adding an estimated $876K. The largest seller was Whalerock Point Partners, exiting entirely with an estimated $707K sold.
- 6 institutional investors held Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities (C.PRN) as of Q2 2024, up from 4 in Q1 2024.
- Funds reported $8.4M of Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities stock for Q2 2024, up 2.1% quarter-over-quarter.
- 3 funds opened new Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities positions in Q2 2024 and 1 closed out, a net change of +2 holders.
- The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities buyer in Q2 2024 was Beddow Capital Management, an estimated $876K added.
- The largest Citigroup Capital XIII 7.875% Fixed Rate/Floating Rate Trust Preferred Securities seller in Q2 2024 was Whalerock Point Partners, an estimated $707K sold.
Based on aggregated 13F filings for Q2 2024.